TRX Surges 3.61% as USDT Supply Hits Record, ETF Filing and DeFi Growth Fuel Momentum
TRXUSDT has experienced a 3.61% price increase over the past 24 hours, rising from 0.2911 to 0.3016 USDT on Binance. This upward movement is attributed to several positive developments: TRON's USDT transfer volume reached $1.93 trillion in Q2 2025, Tether minted an additional $1 billion USDT on the TRON and Ethereum blockchains, and TRON's USDT supply now exceeds Ethereum's. Further boosting sentiment, REX Shares filed for a T-REX 2X Long TRON Daily Target ETF with the SEC, and TRX is now available for soft staking on major platforms, attracting increased user participation. Enhanced network capabilities, such as The Graph's integration for real-time data streaming and ongoing DeFi ecosystem expansion, have also contributed to heightened trading activity and positive market sentiment.
Currently, TRXUSDT is trading at 0.3016 USDT with a 24-hour trading volume exceeding $2.4 billion and a market capitalization above $27.5 billion, reflecting strong interest and upward momentum in the market.